Mill Gross Profit Margin from 2010 to 2024

MCVT Stock  USD 1.97  0.04  2.07%   
Mill City Gross Profit Margin yearly trend continues to be comparatively stable with very little volatility. Gross Profit Margin is likely to outpace its year average in 2024. From the period from 2010 to 2024, Mill City Gross Profit Margin quarterly data regression had r-value of  0.47 and coefficient of variation of (2,212). View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.97925778
Current Value
1.03
Quarterly Volatility
3.00801946
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mill City financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mill City's main balance sheet or income statement drivers, such as Other Operating Expenses of 3.9 M, Total Operating Expenses of 3.8 M or Interest Expense of 102.6 K, as well as many indicators such as Price To Sales Ratio of 4.41, Dividend Yield of 0.0057 or PTB Ratio of 0.55. Mill financial statements analysis is a perfect complement when working with Mill City Valuation or Volatility modules.
  
Check out the analysis of Mill City Correlation against competitors.

Latest Mill City's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Mill City Ventures over the last few years. It is Mill City's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mill City's overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

Mill Gross Profit Margin Regression Statistics

Arithmetic Mean(0.14)
Geometric Mean1.17
Coefficient Of Variation(2,212)
Mean Deviation1.82
Median0.90
Standard Deviation3.01
Sample Variance9.05
Range11.0895
R-Value0.47
Mean Square Error7.63
R-Squared0.22
Significance0.08
Slope0.31
Total Sum of Squares126.67

Mill Gross Profit Margin History

2024 1.03
2021 0.99
2020 0.98
2019 0.58
2018 0.89
2017 0.84
2016 0.93

About Mill City Financial Statements

Mill City shareholders use historical fundamental indicators, such as Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although Mill City investors may analyze each financial statement separately, they are all interrelated. The changes in Mill City's assets and liabilities, for example, are also reflected in the revenues and expenses on on Mill City's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit Margin 0.98  1.03 

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Additional Tools for Mill Stock Analysis

When running Mill City's price analysis, check to measure Mill City's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.